$1,075,000

Quadruplex In Dallas

  • 12 Beds
  • 8 Baths
  • 6,608 Sqft
  • 10,019 Sqft lot
  • Updated: July 31
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21346390

About the Property

Stable income! Major capital improvements! Desirable floor plans! This fully occupied fourplex delivers the qualities investors value most, combining immediate cash flow with thoughtful ownership and significant recent improvements in one of Northwest Dallas’ most established rental markets.
Each townhome-style residence offers approx 1,600 square feet, 3 beds, 2 full baths, spacious living an
Stable income! Major capital improvements! Desirable floor plans! This fully occupied fourplex delivers the qualities investors value most, combining immediate cash flow with thoughtful ownership and significant recent improvements in one of Northwest Dallas’ most established rental markets.
Each townhome-style residence offers approx 1,600 square feet, 3 beds, 2 full baths, spacious living and dining areas, refrigerators included, abundant storage, oversized walk-in closets, and a unique floor plan that has proven attractive to long-term tenants. Every unit includes one assigned covered and one assigned uncovered parking space for a total of eight assigned spaces. Unit sq ft is approx and should be independently verified by Buyer and Buyer’s Agent. The current owner has consistently invested in preserving and improving the property, completing a foundation repair for Unit 3650 in 2023, a complete sewer line replacement in 2024, fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. These completed improvements help reduce future capital expenditures while protecting the property’s long-term performance. All four units are leased through 2027, providing stable occupancy and predictable rental income. Property generates an additional $175 per month in water, sewer and trash reimbursement income. Income, expenses, lease information, and current rental rates available in MLS reflect the property’s actual operating performance. Conveniently located near I-35E, I-635, Love Field Airport, Downtown Dallas, and the Medical District, the property offers convenient access to major retail, dining, and everyday amenities that continue to support strong tenant demand. For investors seeking an asset with established income, desirable tenant amenities, documented capital improvements, and a history of attentive ownership, this property offers an exceptional foundation for long-term portfolio growth!
  • Property type

    Other

  • Year built

    1969

  • Price/sqft

    $162

Features

  • Walk In Closet
  • Garden
  • Fireplace
  • Gate
  • Parking
  • Stone Countertops

Explore the Area

3650 Rickshaw Drive, Dallas, Texas, United States View on Google Maps
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Powerstar Realty - Bradenton

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Powerstar Realty - Bradenton
Florida, United States
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7
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2025
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Powerstar Realty - Bradenton
Bradenton, Florida, United States
View agency profile
Last updated
July 31
First listed
Jul 31
Listing reference
21346390
Listing status
Active under contract
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